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50 Orchard St 2,520 SF Office/Retail Condo Unit Offered at $2,300,000 in New York, NY 10002
Executive Summary
Frontage on Orchard Street between Grand Street and Hester Street
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment or Owner User | APN/Parcel ID | 0309-1001 |
| Sale Conditions | High Vacancy Property |
| Sale Type | Investment or Owner User |
| Sale Conditions | High Vacancy Property |
| APN/Parcel ID | 0309-1001 |
Description
Lee & Associates NYC is pleased to present exclusively for sale the retail condominium unit located at 50 Orchard Street, New York, NY 10002 (the “Property” or the “Unit”). Located in the heart of the Lower East Side on Lower Orchard Street, the Property spans just under 2,000 square feet on-grade with an additional ~550 square feet of space below-grade. Currently configured as showroom space, the Unit will be delivered vacant allowing an investor to capitalize on the growth of Lower Orchard Street or a user to take advantage of owning their own space.
Sale Notes
Delivered vacant, ready for immediate occupancy
Subway service from both the Grand Street and Delancey/Essex street stations
Booming retail corridor surrounded by new developments including Essex Crossing
Subway service from both the Grand Street and Delancey/Essex street stations
Booming retail corridor surrounded by new developments including Essex Crossing
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit COM-A | 2,520 SF | Office/Retail | $2,300,000 ($912.70/SF) | - |
Unit COM-A
| Unit Size |
| 2,520 SF |
| Condo Use |
| Office/Retail |
| Price |
| $2,300,000 ($912.70/SF) |
| NOI |
| - |
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Street
Map
Unit COM-A
| Unit Size | 2,520 SF |
| Condo Use | Office/Retail |
| Price | $2,300,000 ($912.70/SF) |
| NOI | - |
| Sale Type | Investment or Owner User |
| Sale Conditions | High Vacancy Property |
| APN/Parcel ID | 0309-1001 |
| Description | |
| Lee & Associates NYC is pleased to present exclusively for sale the retail condominium unit located at 50 Orchard Street, New York, NY 10002 (the “Property” or the “Unit”). Located in the heart of the Lower East Side on Lower Orchard Street, the Property spans just under 2,000 square feet on-grade with an additional ~550 square feet of space below-grade. Currently configured as showroom space, the Unit will be delivered vacant allowing an investor to capitalize on the growth of Lower Orchard Street or a user to take advantage of owning their own space.</li></ul> | |
| Sale Notes | |
| Delivered vacant, ready for immediate occupancy<br> Subway service from both the Grand Street and Delancey/Essex street stations<br> Booming retail corridor surrounded by new developments including Essex Crossing</li></ul> |
Property Facts
The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
Amenities
Site Amenities
- Roof Terrace
- Storage Space
- Elevator
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 26 | - | - |
1 1
Exceptionally walkable
100/100
Somewhat drivable
30/100
Exceptional public transit
100/100
Exceptionally bikeable
90/100
1 of 6
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
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50 Orchard St
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